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1414 Coastal Highway, 
Panacea, FL 32346

$275,000


2

Beds


2

Baths


1,768

Sq Ft


Townhouse

Active

850-386-6160

Last updated:

April 23, 2025, 02:42 PM

MLS#

384561

Source:

FL TBR

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About This Home

1414 Coastal Highway

Prime Investment Opportunity in the Heart of Panacea! This versatile .67-acre Enterprise-zoned property sits in a prime location right next to the Dollar Store in downtown Panacea, backing up to a serene green space and just a short walk to the water—ideal for fishing enthusiasts and vacationers alike. Currently operating as a successful Airbnb, the fully renovated duplex features two stylish studio-style units, each with its own bathroom and hotel-style kitchenette, generating $100/night per unit. Everything feels fresh and new with updates including new floors, fresh paint, new kitchens, new roofs, and more—offering immediate income potential. Also included is a 1930s single-family home that has been completely gutted, providing a blank canvas for your creative vision. The sellers are offering their own renovation plans to help inspire your design ideas. Whether you're looking to expand your vacation rental portfolio or build out a unique mixed-use space in a growing coastal community, this property offers endless potential.

Home Facts

Townhouse

2 Baths

2 Bedrooms

Built in 1930

Price Summary

275,000

$155 per Sq. Ft.

MLS #:

384561

Last Updated:

April 23, 2025, 02:42 PM

Added:

16 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,768 Sq. Ft.


Structure

Structure

Architectural Style:

Cottage, Ranch

Building Area:

1,768 Sq. Ft.

Year Built:

1930


Lot

Lot Size (Sq. Ft):

29,185


Finances & Disclosures

Finances

Price:

$275,000

Price per Sq. Ft:

$155 per Sq. Ft.

1414 Coastal Highway
Source:FL TBR
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.